Justin Sun, founder of Tron (TRX) and CEO of BitTorrent (BTT), has achieved a unique NFT for 12.6 Bitcoin (BTC) . But why is it so expensive?
Tron CEO becomes Golden whale
The NFT Glee team held a unique auction at the Bitcoin 2021 conference. An auction called the Golden Whale Pass, which is the only one of its kind held. It will give its holder lifetime access to all Bitcoin conference events designated as NFT. Renowned crypto entrepreneur and charismatic leader of Tron and BitTorrent, Justin Sun is the biggest NFT to datetook part in the auction. Sun paid approximately $460,000 in 12.6 Bitcoin (BTC) for the “Golden Whale Pass” token, which guarantees lifetime access to all future Bitcoin conferences and also provides access to multiple VIP benefits. Meanwhile, the winner of the auction SUN, this NFT to APENFT, the flagship ecosystem of Tron-based digital collectibles. Making a statement on the subject, Sun uses the following statements:
”It’s exciting to see large-scale NFT use cases like the Golden Whale Pass. I am excited to be a part of this legacy. Congratulations to the Bitcoin Conference team and NFT Glee team, I plan to donate this NFT to the APENFT project and look forward to using my right of way well in the future.”
With 50,000 attendees, the Bitcoin 2021 conference is the largest event in the history of blockchain and cryptocurrencies.
TRX increases investment in NFTs
With this interesting acquisition, Sun emphasizes its commitment to the concept of immutable tokens. Previously, the Tron Foundation had launched a $30 million fund to acquire the most impressive digital artworks in the segment. Pablo Picasso’s Femme Nue Couchee Au Collier was tokenized on Tron in late April 2021.